Overview
- Russian Energy Minister Sergei Tsivilev led a high-level delegation to Tehran and held talks with Oil Minister Mohsen Paknejad on expanding economic and energy cooperation, including a potential new joint oilfield.
- Iran’s oil ministry says four contracts with Russian firms cover development of seven oilfields, with several projects already producing.
- An Iranian oil ministry official said Russian-invested fields currently account for about 6% of national oil output, with expectations this share could rise toward roughly 12% in the coming years.
- Iranian reports also cite a $25 billion memorandum of understanding for new nuclear power plants in the Sirik region, reflecting broader energy collaboration.
- President Masoud Pezeshkian touted progress on a comprehensive strategic partnership and transit corridors, while Tsivilev called ties with Iran a top priority and pledged continued cooperation.